SOLARVEST HOLDINGS BERHAD

KLSE (MYR): SLVEST (0215)

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Last Price

1.57

Today's Change

-0.05 (3.09%)

Day's Change

1.55 - 1.61

Trading Volume

3,088,000


6 people like this.

4,829 comment(s). Last comment by kevinobc 2 weeks ago

collie

205 posts

Posted by collie > 2021-02-20 12:33 | Report Abuse

so is it a good time to top up more? since after BI and potential exercising of warrants might cause the price to drop

Seanyew

147 posts

Posted by Seanyew > 2021-02-20 13:26 | Report Abuse

So technically monday open price @ RM2.48 right ?

wcc636588

213 posts

Posted by wcc636588 > 2021-02-20 13:39 | Report Abuse

Yes , 2.48 .

Seanyew

147 posts

Posted by Seanyew > 2021-02-20 14:19 | Report Abuse

Tqvm....

kfliau

1,977 posts

Posted by kfliau > 2021-02-20 18:46 | Report Abuse

Buy on dips. Renewable energy is the theme play for the year

Atlan

168 posts

Posted by Atlan > 2021-02-20 18:47 | Report Abuse

There will no BI of 1 for 2 of warrant in March. Only have BI for share. However, the exercise price of the W will be adjusted lower from RM1.5

kfliau

1,977 posts

Posted by kfliau > 2021-02-20 19:39 | Report Abuse

According to Cytew who engineered the warrant and bonus issue, there is

sena21

15 posts

Posted by sena21 > 2021-02-20 19:39 | Report Abuse

Can confirm bi for mom and son or mom only?

kfliau

1,977 posts

Posted by kfliau > 2021-02-20 20:50 | Report Abuse

For both. Cytew Kindly confirm

cytew

1,598 posts

Posted by cytew > 2021-02-20 21:44 | Report Abuse

Atlan, once there is s bonus or right issue, there will be an adjustment of exercise price and with additional warrants issued accordingly to warrant holders, in this case ,the additional units of warrants issued to warrant holders have same ratio as mother share at ratio 1 for 2 ...Understand now ? What to argue about ? rules had been there for last 30 years since they had started warrants derivative trading in Bursa , initially was called TSR (transferable subscription right ) instead of warrant..

Posted by rocketstock > 2021-02-21 09:29 | Report Abuse

trust the guru cytew :)

Atlan

168 posts

Posted by Atlan > 2021-02-21 09:48 | Report Abuse

Cytew. You are right. Thus, there will be BI of warrant two times. 1st is 1 w for 4 shares. 2nd is 1w for 2 existing w held.

kfliau

1,977 posts

Posted by kfliau > 2021-02-21 10:14 | Report Abuse

Now that it's clear. Hold your tickets tight tight. I believe it will rally After a brief adjustment, especially impending LSS4 result announcement. It will not be the same as scib where the price had rallyed before ex warrant

collie

205 posts

Posted by collie > 2021-02-21 16:04 | Report Abuse

@kfliau i entered in 2.90, do you reckon to buy on dips come Monday or after BI when price might be lower? just wanna know what you would do hahaha

kfliau

1,977 posts

Posted by kfliau > 2021-02-21 16:37 | Report Abuse

Not After BI But starting from Monday After selling pressure eased

Posted by rocketstock > 2021-02-21 16:46 | Report Abuse

kfliau i guess the selling pressure is very minimal, might rebound on possible lss4 news tomorrow

kfliau

1,977 posts

Posted by kfliau > 2021-02-21 16:55 | Report Abuse

Hopefully

kfliau

1,977 posts

Posted by kfliau > 2021-02-21 16:59 | Report Abuse

The reference price is 2.48. If close green or around this price, hoot9e!

Atlan

168 posts

Posted by Atlan > 2021-02-21 20:53 | Report Abuse

We can see that the price can be controlled easily as very low volume.

Posted by BigWhiteSand > 2021-02-21 21:05 | Report Abuse

Rock. Why keep saying Monday got LSS4 news ?

Posted by nasi_lemak > 2021-02-22 01:44 | Report Abuse

Upcoming bonus issues soon

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-02-22 07:57 | Report Abuse

praying hard, with relatively Good sentiments around, today will close green, break 3.00.

Xxxting

353 posts

Posted by Xxxting > 2021-02-22 08:21 | Report Abuse

Wanna in this counter. Sould buy in 2.48? Any advice? Cuz i ady sold rm 3.1 lastweekk

Posted by rocketstock > 2021-02-22 08:36 | Report Abuse

Looking good

GetInCondo

137 posts

Posted by GetInCondo > 2021-02-22 08:46 | Report Abuse

TO is over 2.5? @@

LimitUP

13 posts

Posted by LimitUP > 2021-02-22 09:24 | Report Abuse

Can't find this info, Where do you see in March there is BI for warrant? @cytew
------------
There will be another ex date for bonus issue at ratio 1 for 2 for mother share, and warrant will get the additional warrants at ratio 1 for 2 simultaneously with exercise price adjusted from 1.50 to 1.0 accordingly
------------

drobertp40

205 posts

Posted by drobertp40 > 2021-02-22 09:39 | Report Abuse

If I buy tday am I still entitled for bonus issue?

anzhsb

381 posts

Posted by anzhsb > 2021-02-22 09:42 | Report Abuse

@drobertp40
yes , the bonus issue of 1 for every 2 share still no ex date yet . buy now. but you missed the warrant d


Posted by drobertp40 > Feb 22, 2021 9:39 AM | Report Abuse

If I buy tday am I still entitled for bonus issue?

Posted by rocketstock > 2021-02-22 10:15 | Report Abuse

@limitup it has been announced but no confirmed date yet

Seanyew

147 posts

Posted by Seanyew > 2021-02-22 10:21 | Report Abuse

finally carry some hope ... RM2.51

Posted by rocketstock > 2021-02-22 10:32 | Report Abuse

@drobertp40 ..... if u wan to entitle to anything bonus issue or dividen, u need to buy and hold until 5pm , 1 day before EX-DATE , remember this

Posted by winterboy > 2021-02-22 11:45 | Report Abuse

I am still trying to find out how 2.48 come about from last fri closing of 2.73. haha.. appreciate if someone can help to enlighten me. I may have missed out something from my 1:4 calculation. :D

Posted by silverdigger > 2021-02-22 12:32 | Report Abuse

@winterboy me too! haha i cut half but held half as part of risk management. aiyo they didn't give the date how long i have to hold neh?

Posted by rocketstock > 2021-02-22 12:33 | Report Abuse

...winterboy please don't ask spoon fed like a baby. There are comments above for you to read, just SCROLL up and read and you will get your answer
issit too hard for you?

hakubasnow

263 posts

Posted by hakubasnow > 2021-02-22 12:36 | Report Abuse

SOLARVEST

## Solarvest Free Warrant Theoretical Ex-Price Calculation##
* Free Warrants 1 for 4
* Exercise price @ 1.50

SOLARVEST Bonus Warrant Ratio = 1:4 = 0.25
Cum Price on 19/02/11 = 2.73
Exercise Price = 1.50

(2.73 x 4) + (1 x 1.50)
_______________________ = (10.92 + 1.50)/5 = 2.48
(1 + 4)

keown83

627 posts

Posted by keown83 > 2021-02-22 16:44 | Report Abuse

red in almost every sector today..is there any bad news related to our local politics today?

Posted by winterboy > 2021-02-22 16:47 | Report Abuse

Thanks @hakubasnow, indeed i missed out on the Exercise price in my equation. Thank you so much! :))

Posted by winterboy > 2021-02-22 17:01 | Report Abuse

@hakubasnow as the published on bursa are which I referred from, how did you know the Exercise price?

Posted by winwinbursa > 2021-02-22 17:23 | Report Abuse

anyone have idea free warrant will listing at how much?

Kc1154

191 posts

Posted by Kc1154 > 2021-02-22 17:51 | Report Abuse

SLVEST - Notice of Bonus Entitlement
SLVEST - Notice of Bonus Entitlement
ILC-08022021-00001
Bonus Issue of 105,655,913 Warrants ("Warrant(s)") on the basis of 1 Warrant
for every 4 existing ordinary shares in Solarvest ("Solarvest Share(s)" or
"Shares(s)") held on an entitlement date to be determined ("Warrants
Entitlement Date") ("Bonus Issue of Warrants"); Kindly be advised of the
following : 1) The above Company?s securities will be traded and quoted
?Ex-Bonus Issue? as from: 22 Feb 2021 2) The last date of lodgment : 23
Feb 2021 Remarks: The Bonus Issue of Warrants will entail an issuance of
105,655,913 Warrants on the basis of 1 Warrant for every 4 existing Solarvest
Shares held by the entitled shareholders. The Warrants will be credited into
the central depository system accounts of the entitled shareholders and notices
of allotment will be issued and despatched to their address as stated in the
Record of Depositors of Solarvest prior to the date of listing and quotation of
the Warrants. The Warrants will be listed and quoted on the ACE Market of Bursa
Malaysia Securities Berhad ("Bursa Securities") 2 market days after the
submission of the quotation application for the Warrants to Bursa Securities.
MANAGER, REF. DATA MANAGEMENT
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

08/02/2021 07:00 AM


Ref Code: 202102085100037

Slvest must first make the application to Bursa to have the warrant quoted. This has not been done

Posted by mokluhanj21 > 2021-02-22 17:53 | Report Abuse

Ex warrant price: RM2.48
Ex all price (bonus& warr): RM1.66

anyways, HODL la. let's grow 10x with this counter and be like elong musk.hihi

LimitUP

13 posts

Posted by LimitUP > 2021-02-22 18:24 | Report Abuse

2. Ordinary Resolution 2
Description : Proposed Bonus Issue of Shares up to 264,139,784 new Solarvest Shares ("Bonus Share(s)") on the basis of 1 Bonus Share for every 2 existing Solarvest Shares held on an entitlement date to be determined and announced after the completion of the Proposed Bonus Issue of Warrants ("Proposed Bonus Issue of Shares")

tean2020

218 posts

Posted by tean2020 > 2021-02-23 08:43 | Report Abuse

today will get the free warrant?

tean2020

218 posts

Posted by tean2020 > 2021-02-23 09:26 | Report Abuse

if i sell now, will i still entitle for free warrant?

tean2020

218 posts

Posted by tean2020 > 2021-02-23 09:44 | Report Abuse

Anyone ?

Posted by peteryann79 > 2021-02-23 09:55 | Report Abuse

Someone on this forum mentioned you only need to have them by 5pm the day BEFORE the ex-date, which was yesterday. Check the previous posts to confirm.

Posted by rocketstock > 2021-02-23 11:18 | Report Abuse

peteryann79, no, 5pm 1 day before exdate. ex date was yesterday, means hold until friday 5pm

Kc1154

191 posts

Posted by Kc1154 > 2021-02-23 11:23 | Report Abuse

tean2020 you will get the warrant when you sell the mother share on xdate. The last day to qualify for the warrant is 19/2. People who buy on xdate 22/2 will not get warrant. You already own the warrant on xdate. So go ahead sell mother but at adjusted price which is lower than the last price on 19/2

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